This Is A Great Indicator Of The Long Term Trend

  • May 24, 2004
  • Dave Floyd

Today’s
piece by Bo Harvey.

Unfortunately today’s article
will have to be short.  In sum, it is no secret that the S&P is testing a
critical level at 1080.  It is the first test of the 200-week EMA after the S&P
broke above it several months ago.  In general, the 200-week EMA is a great
indicator of the long term trend—